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Kerala HC Summons BYJU'S RP, Glas Trust & EY India Head On Dec 5

India, Dec. 2 -- The Kerala High Court (HC) has reportedly summoned BYJU'S resolution professional Shailendra Ajmera, EY India chairman Rajiv Memani and Glas Trust representative on December 5. As pe... Read More


[Update] Bombay HC Dismisses Pleas Challenging WeWork India IPO

India, Dec. 2 -- Update | December 2, 01:35 AM Two months after reserving its order, the Bombay HC yesterday reportedly dismissed two writ petitions that sought to block WeWork India's initial public... Read More


BYJU'S Founder To Seek $2.5 Bn In Damages

India, Nov. 28 -- BYJU'S founder Byju Raveendran plans to file a defamation lawsuit against the troubled edtech startup's consortium of lenders, Glas Trust, and the resolution professional (RP) in the... Read More


RMG Continues To Bleed, Blinkit Bags INR 600 Cr & More

India, Nov. 27 -- The RMG Churn Goes On The churn in the now-defunct real-money gaming (RMG) sector continues. Beleaguered giant Junglee has slashed its workforce by a third, Dream Sports is pivoting... Read More


Paytm Payments Services Gets RBI's Payment Aggregator Licence

India, Nov. 27 -- Fintech major Paytm's subsidiary, Paytm Payments Services Limited (PPSL), has secured final authorisation from the Reserve Bank of India (RBI) to operate as a payment aggregator (PA)... Read More


Zetwerk's IPO Redux, Neo Bags $25 Mn & More

India, Nov. 26 -- Zetwerk Revives IPO Plans Zetwerk is back on the IPO bandwagon. Barely eight months after delaying its listing plans amid market uncertainties, the B2B manufacturing giant has now t... Read More


PM Modi To Unveil Skyroot's First Orbital Rocket, Vikram-I

India, Nov. 26 -- Prime Minister Narendra Modi will virtually unveil spacetech startup Skyroot Aerospace's first orbital rocket, Vikram-I, tomorrow (November 27). In a press release, the Prime Minist... Read More


Cost Of Labour Reforms, RMG Giants Under ED Scanner & More

India, Nov. 25 -- The Cost Of Labour Reforms After years of delays, the Centre, last week, finally undertook sweeping labour reforms. 29 fragmented laws were replaced by four codes, designed to expan... Read More


BNP Paribas & Integrated Core Strategies Sell Paytm Shares Worth INR 1,741 Cr

India, Nov. 25 -- French financial services giant BNP Paribas Financial Markets and Integrated Core Strategies (Asia) yesterday sold shares worth INR 1,740.8 Cr in listed fintech major Paytm via multi... Read More


Aggregators Feel The Heat As Centre Notifies Four Labour Codes

India, Nov. 22 -- In a major reform, the Union government yesterday notified all four labour codes, which officially introduce new protections for India's gig workers. The new rules will come into eff... Read More